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We must disagree then, I think the budget is a large step in the wrong direction. If you run a business then this budget will likely change your plans for the next five years and growth (which would employ more people) won’t be as high on the agenda as it might have been.
Very likely we do disagree!
From a quick read of the budget, I think if you're in the ~10-50 employee size then expanding a business might be quite difficult. I think either side of that, the budget encourages at least modest growth.
I also don't think we should underestimate the positive impact on running a business that having healthier employees waiting less time for medical care, having infrastructure that isn't falling apart, and having local services (from childcare to refuse collection) that actually work can have. Austerity acted as a huge drag on growth as people had to put more time into dealing with its en****tification of public services. Even just Labour's huge push on fixing potholes can have significant, if not always visible, benefits. Of course they have to deliver.
Some, but not all. A significant proportion was the right wing press whipping themselves into a frenzy - I suspect on the assumption that their attack lines would hold whether they matched reality or not.
I don't think we're there yet, thankfully. Still, it's telling that yet another chancellor didn't unfreeze fuel duty.
The budget wasn't as bad as I thought it would be based on the Labour Party's own rhetoric. I was expecting capital gains tax rates to be brought in line with income tax rates, for example.
Anyway, I'm just glad I'm not a "working person". I guess I better go and enjoy my retirement then!
Yes because only the rich drive, the poor all use public transport. There are people out there where a car is essential as PT does not run near them or does not run at a time they need it to, such as those that work out of hours.
Also, Increasing fuel duty would put up the prices of everything, the distribution system will be hit with an increase in the costs of transporting goods, this will passed along the chain and will result in increased prices for pretty much everything.
Once again the lefty wants to hurt the poor because he can't think through an issue.
There are so many industrial estates that have no public transport links at all.
Fuel prices are currently the same level as they were in 2011, so I’m sure you can probably work out that’s a fair bit of a cut in real terms. In that time the costs of public transport, and buses in particular, have gone up at a much faster rate. The poorest people generally tend to use buses so what we’ve done is taken money out of their pockets and put it into the hands of car drivers who are generally better off anyway.
You probably think climate change is a lefty conspiracy but there are all sorts of other good reasons why people should be encouraged out of their cars and onto public transport where possible. It didn’t have to be a particularly large increase, possibly just 1-2p a litre. If we always worried about tax increases being passed on in higher prices we would literally never raise taxes on business ever again.